Friday, February 5, 2010
600,000 SF retail center hearing
Twin State sand and gravel to be heard at Planning baord on Feb 8 at 7pm.
meeting are webcast, i think are done live.
meeting are webcast, i think are done live.
Tuesday, February 2, 2010
Thursday, January 28, 2010
Wednesday, January 27, 2010
Cap Rate rises -per WSJ
Capitalization rates, a calculation real-estate investors use to measure the annual return of income-producing properties, continue to rise. The average cap rate for office properties in central business districts jumped to 8.8% in December from 8.56% in November. The December number was the highest rate for that category since May 2003. Meanwhile, average cap rates for apartment buildings was 7.36% in December, up from 7.09% in November. The cap rate is rental income in the first year of ownership divided by the purchase price.
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